Common use of Exempted Transactions Clause in Contracts

Exempted Transactions. (1) Notwithstanding the provisions of Sections 4.11(c) and 4.11(d), if the aggregate outstanding principal amount of all Indebtedness of the Issuer and its Subsidiaries that is subject to and not otherwise permitted under these restrictions does not exceed 15% of the Consolidated Net Tangible Assets of the Issuer and its Subsidiaries, then: (2) the Issuer or any of its Subsidiaries may issue, assume or guarantee Indebtedness secured by Mortgages; and (3) the Issuer or any of its Subsidiaries may enter into any Sale and Lease-Back Transaction.

Appears in 10 contracts

Samples: Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Holdings, Inc.), Supplemental Indenture (HCA Holdings, Inc.)

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Exempted Transactions. (1) Notwithstanding the provisions of Sections 4.11(c) 4.06 and 4.11(d)4.07, if the aggregate outstanding principal amount of all Indebtedness of the Issuer and its Subsidiaries that is subject to and not otherwise permitted under these restrictions does not exceed 15% of the Consolidated Net Tangible Assets of the Issuer and its Subsidiaries, then: (2a) the Issuer or any of its Subsidiaries may issue, assume or guarantee Indebtedness secured by Mortgages; and (3b) the Issuer or any of its Subsidiaries may enter into any Sale and Lease-Back Transaction.

Appears in 9 contracts

Samples: Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.)

Exempted Transactions. (1) Notwithstanding the provisions of Sections 4.11(c) 4.06 and 4.11(d)4.07, if the aggregate outstanding principal amount of all Indebtedness of the Issuer and its Subsidiaries that is subject to and not otherwise permitted under these restrictions does not exceed 15% of the Consolidated Net Tangible Total Assets of the Issuer and its Subsidiaries, then: (2a) the Issuer or any of its Subsidiaries may issue, assume or guarantee Indebtedness secured by Mortgages; and (3b) the Issuer or any of its Subsidiaries may enter into any Sale and Lease-Back Transaction.

Appears in 9 contracts

Samples: Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.)

Exempted Transactions. (1) Notwithstanding the provisions of Sections 4.11(c) and 4.11(d), if the aggregate outstanding principal amount of all Indebtedness of the Issuer and its Subsidiaries that is subject to and not otherwise permitted under these restrictions does not exceed 15% of the Consolidated Net Tangible Total Assets of the Issuer and its Subsidiaries, then: (2) the Issuer or any of its Subsidiaries may issue, assume or guarantee Indebtedness secured by Mortgages; and (3) the Issuer or any of its Subsidiaries may enter into any Sale and Lease-Back Transaction.

Appears in 5 contracts

Samples: Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.)

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Exempted Transactions. (1) Notwithstanding the provisions of Sections 4.11(c) 4.12 and 4.11(d)4.13, if the aggregate outstanding principal amount of all Indebtedness of the Issuer and its Subsidiaries that is subject to and not otherwise permitted under these restrictions Sections 4.12 and 4.13 does not exceed 1510.0% of the Consolidated Net Tangible Assets of the Issuer and its Subsidiaries, then: (21) the Issuer or any of its Subsidiaries may issue, assume or guarantee Indebtedness secured by Mortgages; and (32) the Issuer or any of its Subsidiaries may enter into any Sale and Lease-Back Transaction.

Appears in 2 contracts

Samples: Indenture (Universal Health Services Inc), Indenture (Universal Health Services Inc)

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